About medspa810 Franchise
medspa810 is a medical aesthetics franchise offering a full range of non invasive cosmetic treatments in a luxurious spa setting.
The brand provides services such as Botox, dermal fillers, laser treatments, body contouring, and skin rejuvenation under the supervision of licensed medical professionals.
Since launching its franchise program in 2019, medspa810 has been expanding through its parent company Princeton Franchise Partners.
medspa810 Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $60,000 | One-time payment upon signing |
| Royalty Fee | 6% of Gross Revenues of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Currently 1% of Gross Revenues (Brand Development Fund) and minimum of $5,000 per month (Local Advertising Requirement) | National brand fund |
| Total Investment Range | $432,200 – $655,950 | Includes build-out, inventory, working capital |
The investment range of $432K–$656K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of Gross Revenues) and marketing fee (Currently 1% of Gross Revenues (Brand Development Fund) and minimum of $5,000 per month (Local Advertising Requirement)) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $60,000 | $60,000 |
| Food, Lodging & Travel (2 people while training) | $1,000 | $2,000 |
| Lease Deposit & Rent | $3,750 | $13,500 |
| Architectural Plans | $7,500 | $10,500 |
| Build Out & Improvements | $135,000 | $225,000 |
| Project Development Fees | $12,500 | $12,500 |
| Signage | $7,500 | $15,000 |
| Decorating, Furniture & Furnishings | $10,000 | $28,000 |
| Computer and POS System | $10,000 | $15,000 |
| Franchise Professional Equipment Package (plus tax and shipping) | $76,100 | $90,000 |
| Other Equipment | $15,800 | $25,000 |
| Initial Supply of Inventory | $8,500 | $10,500 |
| General Startup Supplies | $4,250 | $7,850 |
| Medical Director Recruitment Fee (Optional) | $0 | $7,000 |
| Utility Deposits & Business Licenses | $1,800 | $3,600 |
| Professional Fees | $1,500 | $7,500 |
| Initial Marketing Spend – Prior to Opening and First 3 Months of Operation | $30,000 | $30,000 |
| Insurance (3 months’ premium) | $2,000 | $3,000 |
| Additional Funds (3 months after opening) | $75,000 | $90,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $10,000 per Franchised Business |
| Renewal Fee | $1,000 |
| Technology Fee | Currently, $250 or then-current fee |
| Audit Fee | Actual cost of audit (estimated to range from $1,000 to $15,000) |
| Training Fee | Up to $500 per person per day plus expenses |
| Annual Conference/Convention Contribution Fee | $250 per attendee |
| Call Center Fee | $2,000 per month (initial business); $1,000 per month (subsequent businesses) |
| Management Fee(s) | 4% of the Gross Revenues generated by the Franchised Business |
| Fines | Up to $500 per incident |
| Relocation Fee | $5,000 |
| Late Fee | $100 plus lesser of 18% of amount past due or highest rate allowed by applicable law |
| New Product or Supplier Testing | Cost of testing (estimated to range from $100 to $500) |
| Insurance | Actual cost we incur plus 20% administrative fee |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Approximately 9 days (5 days classroom, 4 days on-site) |
| Classroom Training | 32 |
| On-the-Job Training | 32 |
| Training Location | Livonia, Michigan or other designated location |
| Additional Training | Franchisor may require Managing Owners and management personnel to attend system-wide refresher or additional training courses. Franchisees may also request additional training. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected |
| Exclusive Territory | No |
| Territory Size | Typically a 2-mile radius in rural/suburban areas, or a geographic area with 100,000 people in urban areas. |
| Description | The Designated Territory boundaries may be described by zip codes, streets, landmarks (natural and man-made), or county lines, or delineated on a map. The size and shape may vary based on location and demographics. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Two (2) consecutive successor franchise agreements, each for five (5) years, for a maximum total term of 20 years. |
| Renewal Fee | $1,000 |
| Renewal Conditions | Not be in default, not have received 2+ default notices in prior 24 months, give timely notice, sign current franchise agreement and ancillary documents (e.g., Personal Guarantee, Brand Protection Agreement), sign a general release, pay renewal fee, remodel/upgrade premises to current standards, and maintain lease possession. |
| Transfer Fee | $10,000 per Franchised Business |
| Transfer Conditions | Proposed transferee must meet franchisor's qualifications, have sufficient business experience and financial resources, and complete initial training. Transferor and owners must be in full compliance with agreements. Transferee's owners must complete initial training. Landlord must consent to lease assignment. Transferee must obtain all required licenses/permits. Transferee must sign current franchise agreement (with remaining term, no initial fee). Medspa must be remodeled to current standards. Transferor/owners must sign a General Release. Franchisor must not exercise right of first refusal. Other reasonable conditions may apply. |
| Termination for Cause | Franchisor may terminate with 5 days' notice for non-curable defaults (e.g., failure to complete training, failure to secure lease or open in time, insolvency, abandonment, regulatory license suspension/revocation, felony conviction, acts adversely affecting reputation, health/safety hazard, material misrepresentation, underreporting amounts due by 2% (second instance), unauthorized transfer, unauthorized use of intellectual property, breach of brand protection covenants, breach of Personal Guarantee, lease termination due to default, or termination of other agreements due to default). For other defaults, 30 days' written notice and opportunity to cure. |
| Non-Compete Period | 2 years after termination, expiration, or transfer of the Franchise Agreement. |
| Non-Compete Details | During the non-compete period, the franchisee, principals, guarantors, owners, managers, and immediate family members are prohibited from owning, operating, or being involved with any competing business: (i) at the Premises or within the Designated Territory; (ii) within a 15-mile radius of the Designated Territory or any other medspa810 business. Also prohibited from soliciting former customers or contacting suppliers for competitive business purposes. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | The Franchise Agreement requires the designation of a 'Managing Owner' who is primarily responsible for daily on-premises management and supervision. The Managing Owner must dedicate full-time efforts to the Business unless management functions are delegated to an approved manager. A medical director, if required by state law, must be hired or engaged to oversee medical aspects. |
| Required Suppliers | Franchisor has the right to require franchisees to purchase items or services from approved or designated suppliers, which may include the franchisor or its affiliates. This includes Approved Products, FFE, Required Software, inventory, marketing materials, project management services, Call Center services, and technology services. |
| Supply Restrictions | Franchisees may only market, offer, sell, and provide Approved Services and Products. Any non-approved products/services or items not meeting System standards require prior written approval and a legal opinion letter. Franchisor can modify the list of Approved Services and Products at any time. |
| Franchisor Revenue from Suppliers | Franchisor and/or its affiliate(s) may receive payments or other compensation from Approved Suppliers. No revenue was derived from franchisee required purchases in the fiscal year ending December 31, 2020. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing that requires disclosure in this Item. We do not guarantee any of your notes, leases or obligations. |
medspa810 Franchise Earnings — Item 19
Past financial performance does not guarantee future results. Individual results will vary.
medspa810 Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
medspa810 System Growth
medspa810 currently operates 4 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2018 | 1 | 7 | 14 |
| 2019 | 0 | 9 | 5 |
| 2020 | 0 | 1 | 4 |
Transfers: 2 | Closures: 17
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Audited by KEZOS & DUNLAVY Certified Public Accountants & Business Advisors for year ending December 31.
medspa810 Franchise — FAQ
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